N
exPoint Diversified Real Estate Trust (NYSE: NXDT) today announced that it has applied to the Ontario Securities Commission for an order to cease being a reporting issuer in nine Canadian provinces. This application follows the completion of the merger with NexPoint Hospitality Trust, which resulted in NXDT becoming a reporting issuer in Canada.

    If granted, the order would allow NXDT to stop filing financial statements and other continuous disclosure documents in Canada under Canadian securities laws. However, this decision will not affect NXDT's listings on the New York Stock Exchange or its reporting obligations in the United States.

    Canadian resident securityholders will continue to have access to all required financial statements and continuous disclosure documents through US securities laws and NYSE rules. These documents are available at sec.gov/edgar/search-and-access and nxdt.nexpoint.com.

    About NXDT

    NexPoint Diversified Real Estate Trust is an externally advised, publicly traded REIT focused on acquiring, developing, and managing opportunistic investments across the United States. For more information, please visit nxdt.nexpoint.com.

    Forward Looking Information

    This news release includes forward-looking statements based on management's current expectations, assumptions, and beliefs. Readers are cautioned not to place undue reliance on these statements, which involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied. Additional information can be found in reports filed with Canadian securities regulatory authorities and the Securities and Exchange Commission.

    Contact: Investor Relations [email protected]

    Media Inquiries [email protected]

    Jesse Blair III Executive Vice President, Head of Lodging (833) 697–7523